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U.S. President Trump said the U.S. may reduce some tariffs on Canada to match levels applied to other countries, saying Canada is paying higher tariffs.

2026-08-20

U.S. President Trump said the U.S. may reduce some tariffs on Canada to match levels applied to other countries, saying Canada is paying higher tariffs.

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2026-08-19

U.S. EIA gasoline inventories for the week ending August 14 were 688,000 barrels, compared to a decrease of 968,000 barrels in the previous week.

U.S. EIA gasoline inventories for the week ending August 14 were 688,000 barrels, compared to a decrease of 968,000 barrels in the previous week.
2026-08-20

Fed minutes from the July meeting showed several officials leaned toward a rate hike and many said policy would need to tighten further if inflation fails to decline. Uncertainty remained high and participants emphasized that incoming data will be ce

Fed minutes from the July meeting showed several officials leaned toward a rate hike and many said policy would need to tighten further if inflation fails to decline. Uncertainty remained high and participants emphasized that incoming data will be central to policy decisions. The FOMC voted 9-3 to hold the policy rate at 3.50%-3.75%; three dissents favored a 25bp increase, and two non-voting regional presidents said they would have supported a hike. Most participants expected inflation to ease this year as tariff and earlier energy-price effects fade, but many flagged a material risk that inflation stays elevated.
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